Do Kwon on the run, Binance becomes the target of the LUNC community.

[rat03gopoh]

According to Interpol's website, Red Notices are "requests to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action."

Source

I thuoght he is currently in the custody of the South Korean legal authorities, considering he said he would always be cooperative^[1] with the legal consequences. The question is, is Do Kwon still under management with Luna Classic?

A few days ago, there was a Twitter trend of the BoycottBinance hashtag by the LUNC community, urging CZ to carry out the Burn Trading Fee mechanism which was finally implemented^[2]. The initiative is still questionable, whether binance is really worried about losing a number of users, the new smartcontract protocol, or cz just wants to help holder losses in the past by this mechanism.

1. https://cryptonews.com/news/where-do-kwon-terra-luna-boss-claims-hes-not-run-from-law.htm
2. https://www.binance.com/en/support/announcement/4769eab576c4479eaa14adc1eb587226

[1715406627]

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[1715406627]

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[1715406627]

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[passwordnow]

Whatever is in mind of CZ, I guess there's something that he's cooking. But I don't think that it's not just all about his concern about those folks that have lost a lot of money on LUNC.
And about Kwon, there's nowhere to go. He's got a warrant and wherever he goes, he can be arrested. I just don't know about those countries that are allowing people like him to stay and they can't turnover him if there's some sort of special protection from that country and government.
But, I guess that everybody is believing that it will be a matter of time and he'll be arrested soon.

[asriloni]

Interpol already issued red notice for do kwon. It seems like this guy has become interpol's new target. In my opinion if the regulators must also investigate binance or even issuing a warning to banning binance. Binance must be sanctioned along with another exchange sites that is still making any coin issued by do kwon to be traded on exchange site. I can argue that do kwon still owned some luna in his wallet and this may become a way to funded him. Binance must be sanctioned by US

[Eternad]

CZ surely consider the request of the community especially if there’s still a good volume for this token since Binance is having a good profit on it. Kucoin and other exchange already implemented burn feature for Lunc so Binance just follow the trend to satisfy the wish of there customers.

There’s Trillion supply for this token and burning this huge amount of supply will cost a lot to all the traders because this will have extra charge for the fee. This dumb decision by the blinded holder of Lunc because this project is already abandoned and no future.

[Pierre 2]

I think LUNC or Luna (whatever) community should focus on Do Kwon instead of exchange owner CZ. Do Kwon truly beeped crypto markets with his coin. Not only many people lost money expecting good yield with staking mechanisms. Also it affected general crypto markets and it is messed as some people lost trust. I can't forget that crash when it first happened. I could be one of them as I also traded luna and made some money thanks to it. I was lucky.

[Fundamentals Of]

Do Kwon has been on the run for some time. He has been wanted in so many countries and even the Interpol has already issued statement of his arrest. But the thing that makes me curious is why is he still not in jail? If he is indeed a wanted criminal not just within a single country but in the whole world, why is he still free until today? And he is even saying that he is not even hiding. So what happened to government authorities who are supposed to arrest Do Kwon?

[Yogee]

I think LUNC or Luna (whatever) community should focus on Do Kwon instead of exchange owner CZ.

I thought the community already took over the project and they could care less what happens to Do Kwon now?

I think Binance plays a major role in LUNC's future or direction that's why they try everything they can to force the implementation of their new policies.

[tbct_mt2]

A few days ago, there was a Twitter trend of the BoycottBinance hashtag by the LUNC community, urging CZ to carry out the Burn Trading Fee mechanism which was finally implemented^[2]. The initiative is still questionable, whether binance is really worried about losing a number of users, the new smartcontract protocol, or cz just wants to help holder losses in the past by this mechanism.

Since the start, CZ stated that he did not support fork but support buy back and burn. Burning create value but fork does not.

However, the decision of Do Kwon and Terra team is bad and CZ tweet "SMH - Shake My Head". Now I don't think CZ has interests to support LUNC and why Binance should sacrifice trading fee on their exchanges to buy back and burn LUNC. That's unrealistic at the moment but I don't think we can exclude that possibility in future.

Maybe someday CZ might change his mind but it is not his responsibility so it's not wise to speculate what he will do.

[Cuda911]

Binance can't be sanctioned by the US because CZ is only trying to clean up Do Kwoon mess, CZ understands how painful and loss it will be for LUNC investors if the project vanished just like that, the real accused is Do Kwoon and CZ is clean, mind you if CZ see any traces of implication he can withdraw, we see what happened with Binance and WazirX.

[Saisher]

And about Kwon, there's nowhere to go. He's got a warrant and wherever he goes, he can be arrested. I just don't know about those countries that are allowing people like him to stay and they can't turnover him if there's some sort of special protection from that country and government.
But, I guess that everybody is believing that it will be a matter of time and he'll be arrested soon.

He should be handed to the authorities but its better that he surrender, his statement that he is not on the run is just meant to deceive authorities, that's what fugitives want you to believe, but he is on the run and will eventually be caught, and tried on the court and eventually go to court, these things must happen as a deterrent for future developers to do the right thing so investors will not lose their investment and their confidence in the industry.

[cryptoaddictchie]

Whatever is in mind of CZ, I guess there's something that he's cooking. But I don't think that it's not just all about his concern about those folks that have lost a lot of money on LUNC.

We all knew he also lose a lot on luna project. Their investment blow out of steam and relying on the project development is the only option here. But knowing that his business is an exchange platform who takes on fees, I guess his already breakeven or got some profits with it. I am thinking that he is already trying out to support Do Kwon a little to make the project go back to pace once again.

[vanesha]

But we can't claim directly it's a pure person from the LUNC community. They could take advantage of this moment to bring down Binance because Binance, which is a platform of that size, must be very responsive in handling any attacks. I believe that binance can handle this, it's possible that LUNC will be completely delisted if that happens.

[passwordnow]

And about Kwon, there's nowhere to go. He's got a warrant and wherever he goes, he can be arrested. I just don't know about those countries that are allowing people like him to stay and they can't turnover him if there's some sort of special protection from that country and government.
But, I guess that everybody is believing that it will be a matter of time and he'll be arrested soon.

He should be handed to the authorities but its better that he surrender, his statement that he is not on the run is just meant to deceive authorities, that's what fugitives want you to believe, but he is on the run and will eventually be caught, and tried on the court and eventually go to court, these things must happen as a deterrent for future developers to do the right thing so investors will not lose their investment and their confidence in the industry.

He can't go nowhere anymore. The only thing that he has to do is to surrender because someday he can't keep to live and to hide. He has to face whatever is the consequences of what he and his team has done. His silence and hiding only means one thing, he's guilty and he intentionally did that to the poor investors that had believed on him and his project.

Whatever is in mind of CZ, I guess there's something that he's cooking. But I don't think that it's not just all about his concern about those folks that have lost a lot of money on LUNC.

We all knew he also lose a lot on luna project. Their investment blow out of steam and relying on the project development is the only option here. But knowing that his business is an exchange platform who takes on fees, I guess his already breakeven or got some profits with it. I am thinking that he is already trying out to support Do Kwon a little to make the project go back to pace once again.

AFAIK, he has never sold with the Luna(LUNC now) that was given to him when it's listed on his exchange and I think that's where he is coming from. He's probably not yet breakeven or if he does, I think he's just wanting to keep the community that was built on this project.

[Oasisman]

And about Kwon, there's nowhere to go. He's got a warrant and wherever he goes, he can be arrested. I just don't know about those countries that are allowing people like him to stay and they can't turnover him if there's some sort of special protection from that country and government.
But, I guess that everybody is believing that it will be a matter of time and he'll be arrested soon.

He should be handed to the authorities but its better that he surrender, his statement that he is not on the run is just meant to deceive authorities, that's what fugitives want you to believe, but he is on the run and will eventually be caught, and tried on the court and eventually go to court, these things must happen as a deterrent for future developers to do the right thing so investors will not lose their investment and their confidence in the industry.

He can't go nowhere anymore. The only thing that he has to do is to surrender because someday he can't keep to live and to hide. He has to face whatever is the consequences of what he and his team has done. His silence and hiding only means one thing, he's guilty and he intentionally did that to the poor investors that had believed on him and his project.

Well, who ever thinks that what he did wasn't intentional, still has the hopes for LunC to bounce back, which at the same time close to impossible. People have already lost their trust in this project, most especially that Do Kwon is now facing legal consequences for what he have done.
Binance on the other hand might be in the middle of helping the project bounce back and helping users to win back their trust and losses.

[dothebeats]

Interpol already issued red notice for do kwon. It seems like this guy has become interpol's new target. In my opinion if the regulators must also investigate binance or even issuing a warning to banning binance. Binance must be sanctioned along with another exchange sites that is still making any coin issued by do kwon to be traded on exchange site. I can argue that do kwon still owned some luna in his wallet and this may become a way to funded him. Binance must be sanctioned by US

Pretty sure they are already crafting the actions that they're going to do against Binance. CZ could have made the obvious decision to pull out LUNA and other such related coins to Do Kwon but he never did even though they are aware of the current situation. Binance should have set an example for other exchanges but they perhaps they have other things in mind. Maybe they are with Do Kwon, or maybe they themselves are holders of LUNA. Whatever the case is, Binance should be cooperative to the law enforcement but that's not what's happening here.

[adzino]

According to Interpol's website, Red Notices are "requests to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action."

Source

I thuoght he is currently in the custody of the South Korean legal authorities, considering he said he would always be cooperative^[1] with the legal consequences. The question is, is Do Kwon still under management with Luna Classic?

A few days ago, there was a Twitter trend of the BoycottBinance hashtag by the LUNC community, urging CZ to carry out the Burn Trading Fee mechanism which was finally implemented^[2]. The initiative is still questionable, whether binance is really worried about losing a number of users, the new smartcontract protocol, or cz just wants to help holder losses in the past by this mechanism.

1. https://cryptonews.com/news/where-do-kwon-terra-luna-boss-claims-hes-not-run-from-law.htm
2. https://www.binance.com/en/support/announcement/4769eab576c4479eaa14adc1eb587226

Do Kwon said he isn't hiding from anyone and is still ready  to cooperate. At least that is what I heard last. He is still cooperative, the interpol just made an announcement that in case he tries to run away, to arrest him. He still isn't under the custody because he hasn't still been convicted or anything and things are still pending.

Binance was always in favor of the Luna classic community. They weren't scared of losing total number of users (i doubt it would affect them if all the luna classic holders boycotted them). I guess people weren't patient enough for Binance to implement the burn mechanism (which is actually going to optional and I wonder how many of those that wanted to boycott will enable the option to burn).

[Oilacris]

Whatever is in mind of CZ, I guess there's something that he's cooking. But I don't think that it's not just all about his concern about those folks that have lost a lot of money on LUNC.
And about Kwon, there's nowhere to go. He's got a warrant and wherever he goes, he can be arrested. I just don't know about those countries that are allowing people like him to stay and they can't turnover him if there's some sort of special protection from that country and government.
But, I guess that everybody is believing that it will be a matter of time and he'll be arrested soon.

Sooner or later, Kwon would be arrested and would be put up on jail.There's already a red notice for this man.It might not happen now but he wont really be able to get away from this.

For CZ then i dont believe about those sympathetic actions or something like this but hey, we cant really tell if he really did have that kind of support into those who losses up huge scale.
Now, it would really be just understandable that the biggest and reputable exchange platform owner will really be trying out his best to be looking good
on the entire community or going along on what the community been feeling of.

[Tony116]

Interpol already issued red notice for do kwon. It seems like this guy has become interpol's new target. In my opinion if the regulators must also investigate binance or even issuing a warning to banning binance. Binance must be sanctioned along with another exchange sites that is still making any coin issued by do kwon to be traded on exchange site. I can argue that do kwon still owned some luna in his wallet and this may become a way to funded him. Binance must be sanctioned by US

Binance was also a victim in Luna's downfall, why blame finance? they are just an exchange which means they are just an intermediary they are not involved in the Kwon or Luna scam. People still want to trade Luna, so they can still keep it on their exchange, unless the government issues a ban on Luna if they still don't comply, they are breaking the law.

Luna's ATH is $120 and if you're the one planning Luna's death. would you like to hold it for sale at the current $2? Definitely not and I believe Kwon does too. Moreover, Lunc hasn't been under kwon's control since the fork ended.

[ultrloa]

Whatever is in mind of CZ, I guess there's something that he's cooking. But I don't think that it's not just all about his concern about those folks that have lost a lot of money on LUNC.
And about Kwon, there's nowhere to go. He's got a warrant and wherever he goes, he can be arrested. I just don't know about those countries that are allowing people like him to stay and they can't turnover him if there's some sort of special protection from that country and government.
But, I guess that everybody is believing that it will be a matter of time and he'll be arrested soon.

He will not take any action on Lunc yet because it still have decent volume and trades still happening there is profitable to them so don't be surprised if Cz will not take this coin out on their exchange he's just doing business.

We don't know yet about things or updates about that case since there are many people has been rigged project I also believe that he will be jailed soon. For sure this will create big noise once he is already in jail and this could affect their coin so if I where the investor they should be aware on this to be more careful upon buying their coin.

[Jating]

I'm also under the impression that Do-Kwon is in South Korea and in the police custody pending the investigation. So if he is on the run then obviously he is guilty in the public court of law. I mean why would he hide if he didn't do nothing wrong? (that is according to him).

As for CZ, maybe he had backlash on this one, but I don't think he is concern of losing traders in his platform. He is on top right now so doesn't matter, there will be more traders that are going to sign up with Binance no matter what the issues is.